Banc of California, Inc. (BANC) ended last trading session with a change of -3 percent. It trades at an average volume of 1.28M shares versus 4.35M shares recorded at the end of last trading session. The share price of $13.24 is at a distance of 21.13 percent from its 52-week low and down -43.02 percent versus its peak. The company has a market cap of $676.56M and currently has 51.1M shares outstanding. The share price is currently -20.73 percent versus its SMA20, -32.61 percent versus its SMA50, and -27.7 percent versus its SMA200. The stock has a weekly performance of -19.76 percent and is -9.44 percent year-to-date as of the recent close.
On Oct. 18, 2016 Banc of California, Inc. (BANC) announced it is aware of allegations posted in a financial blog. The Company’s Board of Directors has been aware of matters relating to Jason Galanis including certain claims he had made suggesting an affiliation with members of the Company, its Board, and/or its Executive team. The Board, acting through its Disinterested Directors, immediately initiated a thorough independent investigation led by Winston & Strawn, and has received regular reports including related to regulatory and governmental communications over the past year.
Ocwen Financial Corp. (OCN) recently recorded -4.76 percent change and currently at $4 is 210.08 percent away from its 52-week low and down -50.8 percent versus its peak. It has a past 5-day performance of 8.7 percent and trades at an average volume of 2.81M shares. The stock has a 1-month performance of 10.8 percent and is -42.61 percent year-to-date as of the recent close. There were about 130.18M shares outstanding which made its market cap $520.72M. The share price is currently 7.61 percent versus its SMA20, 14.38 percent versus its SMA50, and 29.64 percent versus its SMA200.
Ocwen Financial Corporation (OCN) will hold a conference call on Wednesday, October 26, 2016 at 5:00 p.m. (ET) to review the Company’s 3rd Quarter 2016 operating results. These events will follow Ocwen’s 3rd Quarter 2016 earnings release. The earnings release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page).
A live audio webcast and slide presentation for the call will be available over the internet at www.ocwen.com (through a link on the Shareholder Relations page). Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software.